As the value of the Japanese yen continues to rise against the United States dollar, we are pleased to remind our clients that Keisen Associates is a Japanese law firm that bills its clients in U.S. dollars.
Unlike Japanese law firms that operate exclusively in Japan and must bill in Japanese yen, Keisen Associates is able to bill in dollars because it maintains offices in both the USA (Philadelphia, New York) and Japan (Tokyo).
The rising value of the yen thus means that Keisen Associates’ fees are presently more competitive than they have even been in the past.
The charts below show for the period of January 2010 to October 2011 the average US dollar increase when fees are billed in Japanese yen.
Keisen’s per-word translation rate is $0.29, compared to $0.52 for a Japanese firm presently billing in JPY. Our fee for a 9500-word translation is thus $2,755, compared to the October 2011 average of $4,940 billed by attorneys based only in Japan.
As the charts above show, Keisen’s total basic and translation fees for a 9500-word application amount to $4,485, compared to $7,290.48 charged by law firms based exclusively in Japan.
THIS REPRESENTS A SAVINGS OF APPROXIMATELY $2,800 FOR AN AVERAGE 9500-WORD APPLICATION.
We welcome your request for your application costs estimate. Please feel free to contact us should you have any questions.
* Source: Rates.com, Inc. ** Source: Several Japanese IP law firms’ fee schedules.